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Sanctuary by Prestige One

Location: Meydan Horizon

Sanctuary by Prestige One is located within Meydan Horizon, a major mixed-use master development by Meydan Group in Mohammed Bin Rashid City (MBR City). This highly strategic location places Sanctuary in close proximity to Downtown Dubai, Dubai Creek Harbour, and Dubai International Airport, while offering direct views over the Ras Al Khor Wildlife Sanctuary, crystal lagoons, and the surrounding golf course.

Meydan Horizon spans over 39 million sq. ft. and is designed to accommodate over 72,000 residents, with a complete integration of luxury residential towers, commercial hubs, retail promenades, and eco-tourism zones. The area’s defining feature is a 2-kilometer central canal, flanked by a 4-kilometer boardwalk offering leisure, dining, and wellness access for both residents and office users.

Sanctuary is positioned near Sobha One, with excellent connectivity to the city’s key business and residential districts via major road networks and the planned Green Line Metro extension. Its placement at the intersection of urban sophistication and preserved nature offers both a unique corporate address and long-term investment value.

Project Overview

Boutique Mixed-Use Development with Premium Residential & Office Space

Sanctuary is a signature project by Prestige One Developments, offering a curated collection of luxury residences alongside a limited selection of premium office spaces. With a design philosophy centered on elegance, connection, and experiential living, the development delivers a seamless blend of business functionality and residential comfort.

The commercial component comprises 33 exclusive office units, located within a larger lifestyle-oriented community that prioritizes wellness, waterfront access, and smart urban design.

Building Configuration

Project Type: Mixed-use development (residential + commercial)
Total Office Units: 33
Office Size Range: From 770 sq. ft. to 8,000 sq. ft.
Residential Units:
- 1BR: 660–1,049 sq. ft.
- 2BR: 1,050–1,876 sq. ft.
- 3BR: 2,100 sq. ft.
Ownership: Freehold

Office Space Overview

Unit Count: 33 premium office units
Size Range: 770 sq. ft. to 8,000 sq. ft.
Configurations: Individual units, half-floor, and full-floor options available
Starting Price: From AED 3,550 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
Anticipated Completion: Q4 2029
Payment Plan: 70/30
Use Case: Ideal for boutique firms, consultancies, or family offices seeking a refined work setting within a high-end residential community

Payment Plan — Sanctuary by Prestige One

Installment	Milestone	Percentage
1	Down Payment	20%
2	During Construction	50% (staged)
3	On Completion	30%

Office Space Features

Integration within a design-led Prestige One residential project
High visibility and scenic natural views
Direct access to a growing resident base and retail boulevard
Freehold ownership structure
Positioned for long-term value within a high-growth district

5-Star Commercial Amenities

To be confirmed by developer upon release of official specifications.(Project currently emphasizes lifestyle integration over standalone tower amenities.)

Design & Finishes

Contemporary, minimalist design with large glazed elevations
Flexible commercial layouts
Positioned for natural light and lagoon/golf-facing perspectives
Tailored for experiential work-life integration in a nature-centric district

Views

Panoramic views of Downtown Dubai skyline
Overlooking Dubai Creek and its waterfront surroundings
Direct sightlines to the Ras Al Khor Wildlife Sanctuary

Illustrative model

Scenario modeller

Set your own assumptions and see how Sanctuary by Prestige One Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

Purchase price

The price you are actually considering.

Unit size

Drives the service charge only.

Time to handover

Rent and service charge both start here.

Holding & income

Gross annual rent

Your figure — we have not assumed one.

Rent growth

0% holds rent flat. It may be negative.

Vacancy allowance

8% is roughly a month plus re-letting.

Maintenance & management

Letting fees and routine repairs.

Service charge

Replace with the building's own schedule.

Acquisition costs

DLD transfer fee

4% is the Dubai standard.

Agency fee

Buyer-side. 5% VAT added.

Conveyancing, trustee & admin

Trustee, title deed, NOC.

Exit

Holding period

1 to 40 years.

Exit price growth

0% by default: we publish no price forecasts.

Sale agency fee

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated

Handover: The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield: Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield: (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth: Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI: Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE: Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return: Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR: The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Sanctuary by Prestige One — Meydan Horizon, Dubai

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Sanctuary by Prestige One Offices

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